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Monthly Archives: June 2019

    Taxes and the Homeowner

    By Carla Higgins | June 25, 2019

    Whether you’re an owner now or expect to be one in the future, it is important to be familiar with the federal tax laws that affect homeownership. Since personal income tax was enacted in 1913 with the 16th amendment, homes have had preferential treatment. The mortgage interest deduction is based on up to $750,000 of … Continue reading Taxes and the Homeowner → Read More

    Show Them You’re Serious

    By Carla Higgins | June 18, 2019

    June and July are the busiest home sale months of the year. When inventory is in short supply and you may be competing with other offers, it is important to show the seller you’re serious. Make your offer look as good as possible because you may not get the chance to make or accept a … Continue reading Show Them You’re Serious → Read More

    Don’t Leave Home Without…

    By Carla Higgins | June 11, 2019

    You’ve been planning this trip for some time and almost every detail has been considered…or has it? Have you thought about how to protect your home while you’re out of town? What’s going to make sure that everything you left is still there in you return? Nothing could ruin a trip more than coming back … Continue reading Don’t Leave Home Without… → Read More

    Temporarily Renting a Home

    By Carla Higgins | June 4, 2019

    IRS has provisions for homeowners regarding the sale of a principal residence that allows for temporarily renting the home without losing the ability to exclude the gain if the home is sold under the correct conditions. The rules for the exclusion of gain on the sale of a principal residence are: Up to $250,000 of … Continue reading Temporarily Renting a Home → Read More

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